$HYPE Market Watch In-depth Analysis via @EdgenTech At the moment, $HYPE is emerging as one of the most closely watched tokens on @EdgenTech 's radar, as the market balances between excitement and caution. The price is hovering around $47 after a strong weekly rally but is now facing a key resistance zone at $47.5 – $49.1, a critical area that could determine the next market direction. Technical indicators show that the RSI remains in a positive range, signaling sustained bullish momentum. The MACD continues to expand in a bullish formation, while the Long/Short ratio (~1.9) suggests that retail investors are leaning heavily toward the long side. However, such skewed sentiment can sometimes precede short-term corrections as the market seeks equilibrium. A key factor to monitor is the upcoming token unlock, which may introduce short-term selling pressure particularly if early investors decide to take profits. On the other hand, if new inflows are strong enough to absorb the supply, $HYPE could maintain its upward trajectory. Key Scenarios: - Bullish case: A clean breakout and sustained move above $49.15 would confirm the continuation of the uptrend, with short-term targets around $51 – $53. - Bearish case: A retracement toward $39 – $40 could serve as an accumulation zone for long-term investors with higher conviction. Overall, $HYPE remains in a “trend-defining phase,” with market sentiment leaning cautiously optimistic. Technicals, on-chain flows, and liquidity dynamics are all being closely tracked by @EdgenTech , offering clearer insights into where smart money is moving versus short-term retail speculation. Conclusion: $HYPE remains compelling but this is the time to trade with data, not emotion.